Accounts Receivable Balance} Beginning accounts receivable were ($ 135,720) and ending accounts receivable were ($ 128,640). All

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Accounts Receivable Balance}

Beginning accounts receivable were \(\$ 135,720\) and ending accounts receivable were \(\$ 128,640\). All sales were on credit and totalled \(\$ 1,682,480\).

\section*{Required:}

Determine how much cash was collected from customers.

\section*{Cornerstone Exercise

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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